Kennametal Inc. Files 8-K: Voting Matters & Financials
Ticker: KMT · Form: 8-K · Filed: Nov 1, 2024 · CIK: 55242
| Field | Detail |
|---|---|
| Company | Kennametal Inc (KMT) |
| Form Type | 8-K |
| Filed Date | Nov 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1.25 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, financial-reporting, voting
Related Tickers: KMT
TL;DR
KMT filed an 8-K on Oct 29 for votes and financials.
AI Summary
On October 29, 2024, Kennametal Inc. filed an 8-K report detailing the submission of matters to a vote of security holders, other events, and financial statements and exhibits. The filing does not specify the exact matters voted upon or the nature of the other events.
Why It Matters
This 8-K filing indicates that Kennametal Inc. is engaging in corporate governance activities, including security holder votes and the disclosure of financial information, which are important for investors to monitor.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate events and financial information, not indicating any immediate operational or financial distress.
Key Players & Entities
- Kennametal Inc. (company) — Registrant
- October 29, 2024 (date) — Date of earliest event reported
- Pennsylvania (jurisdiction) — State of Incorporation
- 525 William Penn Place, Suite 3300, Pittsburgh, Pennsylvania 15219 (address) — Business and Mail Address
FAQ
What specific matters were submitted to a vote of security holders by Kennametal Inc. on October 29, 2024?
The filing does not specify the exact matters submitted to a vote of security holders.
What were the 'Other Events' reported by Kennametal Inc. in this 8-K filing?
The filing does not provide details on the specific 'Other Events'.
What is the fiscal year end for Kennametal Inc.?
Kennametal Inc.'s fiscal year ends on June 30.
In which state is Kennametal Inc. incorporated?
Kennametal Inc. is incorporated in Pennsylvania.
What is the SEC file number for Kennametal Inc.'s 8-K filing?
The SEC file number for this 8-K filing is 001-05318.
Filing Stats: 733 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2024-11-01 11:48:12
Key Financial Figures
- $1.25 — ch registered Capital Stock, par value $1.25 per share KMT New York Stock Exchange
Filing Documents
- kmt-20241029.htm (8-K) — 55KB
- 0000055242-24-000060.txt ( ) — 235KB
- kmt-20241029.xsd (EX-101.SCH) — 3KB
- kmt-20241029_def.xml (EX-101.DEF) — 18KB
- kmt-20241029_lab.xml (EX-101.LAB) — 32KB
- kmt-20241029_pre.xml (EX-101.PRE) — 18KB
- kmt-20241029_htm.xml (XML) — 4KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. At the Annual Meeting of Shareowners of Kennametal Inc. (the "Company") on October 29, 2024, the Company's Shareowners voted on the election of nine directors with terms to expire in 2025, the ratification of the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2025, an advisory vote on executive compensation and the approval of the Kennametal Inc. 2024 Stock and Incentive Plan. The 74,277,729 shares present in person or represented by proxy at the meeting were voted as described below. I. The nine directors listed below were elected to serve as directors until the next annual meeting of Shareowners in 2025 and until their successors are duly elected and qualified by the following vote: For Withheld Broker Non-Votes Joseph Alvarado 66,043,534 5,747,904 2,486,291 Sanjay Chowbey 71,272,588 518,850 2,486,291 Cindy L. Davis 70,205,423 1,586,015 2,486,291 William J. Harvey 69,619,020 2,172,418 2,486,291 William M. Lambert 71,371,074 420,364 2,486,291 Lorraine M. Martin 71,642,395 149,043 2,486,291 Sagar A. Patel 69,698,145 2,093,293 2,486,291 Paul Sternlieb 71,151,927 639,511 2,486,291 Steven H. Wunning 70,010,254 1,781,184 2,486,291 II. The ratification of the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2025 was approved by the following vote: For Against Abstained PricewaterhouseCoopers LLP 73,364,598 810,650 102,481 III. The advisory vote on executive compensation paid to the Company's named executive officers, as disclosed in the Company's proxy statement, was approved on an advisory basis by the following vote: For Against Abstained Broker Non-Votes
Executive compensation 71,040,175 637,318 113,945 2,486,291
Executive compensation 71,040,175 637,318 113,945 2,486,291 IV. The Kennametal Inc. 2024 Stock and Incentive Plan was approved by the following vote: For Against Abstained Broker Non-Votes Kennametal Inc. 2024 Stock and Incentive Plan 67,815,131 3,838,138 138,169 2,486,291
01 Other Events
Item 8.01 Other Events. On October 29, 2024, the Company's Board of Directors declared a quarterly cash dividend of $.20 per share. The dividend is payable on November 26, 2024 to shareholders of record as of the close of business on November 12, 2024.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KENNAMETAL INC. Date: November 1, 2024 By: /s/ Michelle R. Keating Michelle R. Keating Vice President, Secretary and General Counsel 3